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XRP Rebound Stalls Near $1.42 as Corrective Pattern Persists

Selling pressure returned below the $1.43–$1.45 resistance area, while XRP remains above a key $1.25–$1.32 demand zone.

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Polished cryptocurrency token beside a sloping glass chart panel / TokenPost.ai
Polished cryptocurrency token beside a sloping glass chart panel / TokenPost.ai

XRP’s rebound paused near $1.42 as selling pressure returned below the $1.43–$1.45 resistance area, leaving the token within a short-term corrective pattern.

The token recently fell from the $1.61–$1.70 resistance zone and slipped below its earlier $1.48–$1.50 consolidation range. The decline briefly reached about $1.32 before buyers responded, with subsequent trading stabilizing near $1.40.

On the daily chart, the $1.25–$1.32 demand zone remains important. The area overlaps with the 100-day moving average near $1.265 and the 200-day average near $1.281. The 100-day average is rising toward the 200-day average from below, but a crossover has not been confirmed.

The daily relative strength index is around 45, indicating momentum remains below neutral despite the rebound.

On the four-hour chart, successive lower highs form a descending channel. The $1.43–$1.45 zone sits near the channel’s upper boundary, creating a hurdle for the rebound.

A sustained move above both the resistance zone and the channel’s upper boundary could open a move toward $1.48–$1.52. Until that occurs, the recovery remains corrective. A decline below nearby support around $1.38 would return $1.34–$1.35 to focus, followed by the broader $1.25–$1.32 demand zone.

A sustained break below $1.25 would weaken the recovery structure and bring the $1.11–$1.18 support area into view.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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